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've ever wanted to do and ink helps us do it. make your mark with ink from ch >>> president obama expected to announce the nomination of mary jo white to lead securities and exchange commission, according to a white house official. white previously served a as u.s. attorney for the certain district of new york, the first woman to hold the position, developing an expertise in financial fraud and securities crimes as well as a reputation as a tenacious prosecutor. she is currently on the other side of the courtroom as a white collar defense lawyer. the announcement is slated for later today during a ceremony in a state dining room. we will have complete coverage of the event for you here on cnbc. >>> the house passing debt limit legislation yesterday with that so-called no budget, no pay provision. now the spot slight on senate democrats to make a move on the debt ceiling. joining us this morning, senator bob casey, a democrat of pennsylvania, vice chairman of the joint economic committee. senator, good morning to you. >> good morning. good to be with you. >> so the house says no budget, no
of washington. >> that really has been critical. let's stay on washington for a moment. president obama nominating mary jo white as the s.e.c. chairman. what's your take on her? >> i don't know mary jo personally. but i know her by reputation. her reputation is outstanding. she's going to come in at a very important time. there are lots of issues that have to be dead with immediately. we've enjoyed a close working relationship with chris cox and mary shapiro. >> the regulation has gotten harder for financial services. what's your take on the regulatory environment. it seems the financial services over the last couple of decades has been riding a wave of positives. deregulation, globalization. going forward economies are looking inward and regulation is only getting tougher. >> a lot of those customers you're talking about are our biggest customers, a lot of those financial institutions. as long as they are going to be facing a head wind like that, you see a cut on volume, too. they have fewer strategies they're carrying out because of all the capital charges. what i heard yesterday that
on the street." i'm john harwood. here in washington and around the country, we saw a different barack obama in yesterday's inaugural address. up with more assertive, determined to force his policy choices through the governmental system. he tried to prepare the ground for the coming fight over deficits and debt by refuting republican arguments and casting his own as consistent with the american tradition. >> the commitments we make to each other through medicare and medicaid and social security, these things do not zap our nation, they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. >> now, the president got hopeful news a few days ago when republicans blinked on the debt ceiling increase. but there is no guarantee that they're going to extend similar cooperation on other parts of the agenda. we have to see whether or not partisan warfare actually escalates later in the year or whether we have turned a corner and the president has found a different way of dealing with republicans that's more effective. >> fascinating weeken
be going through his state. the obama administration has to weigh in, and that could take until perhaps after march, until they actually decide to do that. this is a pipeline that will take 830,000 barrels of crude oil from canada, oil sands to the texas gulf coast. but a number of analysts weighing in on what this will mean for oil prices today. we're looking at morgan stanley saying that when you look at what is happening with, not just the keystone pipeline, but pay attention to what's happening with the seaway pipeline, there's still a glut of oil from oklahoma because of what's coming from canada. that is going to maintain a level of this spread between brent and wti in the mid-teens for the first half of the year. so that's what they have to say about it. back to you. >> thank you, sharon epperson. panera bread has given competition food for thought. ron shaich on what is new at the fast-food chain, coming up next. and this morning's early movers. top of the list, intuitive surgical, up 9%. >>> shares of panera bread up 14% over the last six months. the franchise set to announce f
Search Results 0 to 3 of about 4